Investors Purchase Large Volume of iShares MSCI Germany ETF Call Options (NYSEARCA:EWG)

iShares MSCI Germany ETF (NYSEARCA:EWG) was the target of some unusual options trading activity on Friday. Stock investors bought 8,496 call options on the stock. This represents an increase of approximately 309% compared to the typical volume of 2,077 call options.

iShares MSCI Germany ETF Price Performance

NYSEARCA EWG traded up $0.25 on Friday, hitting $40.85. 628,934 shares of the stock were exchanged, compared to its average volume of 2,579,423. The company’s 50-day moving average price is $41.14 and its two-hundred day moving average price is $41.57. iShares MSCI Germany ETF has a 52-week low of $31.49 and a 52-week high of $43.31. The company has a market capitalization of $2.00 billion, a price-to-earnings ratio of 17.79 and a beta of 1.03.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. JPL Wealth Management LLC purchased a new stake in iShares MSCI Germany ETF in the 3rd quarter worth about $28,000. AlphaCore Capital LLC purchased a new stake in shares of iShares MSCI Germany ETF in the first quarter worth approximately $32,000. Berbice Capital Management LLC boosted its holdings in shares of iShares MSCI Germany ETF by 60.0% during the second quarter. Berbice Capital Management LLC now owns 800 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 300 shares during the period. Allworth Financial LP grew its position in iShares MSCI Germany ETF by 146.9% during the second quarter. Allworth Financial LP now owns 842 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 501 shares in the last quarter. Finally, Stone House Investment Management LLC acquired a new position in iShares MSCI Germany ETF in the 1st quarter valued at approximately $37,000. Hedge funds and other institutional investors own 53.42% of the company’s stock.

About iShares MSCI Germany ETF

iShares MSCI Germany ETF, formerly iShares MSCI Germany Index Fund (the Fund), is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the German market, as measured by the MSCI Germany Index (the Index).